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Bullboard - Stock Discussion Forum Veren Inc T.VRN

Alternate Symbol(s):  VRN

Veren Inc. is a Canada-based oil producer with assets in central Alberta and southeast and southwest Saskatchewan. The principal activities of the Company are acquiring, developing and holding interests in petroleum and natural gas properties and assets related thereto through a general partnership and wholly owned subsidiaries. Its core operational areas include Kaybob Duvernay and Alberta... see more

TSX:VRN - Post Discussion

Veren Inc > It appears
View:
Post by Moemoney42 on Feb 01, 2023 10:24am

It appears

All the fear mongering is taking its toll on the energy sector.. the pushers of this narrative are hard at it as evidenced by the likes of smallcrapper.. the logic has gone out of trading these days, and has been algo/headline trading.. I guess if the media pounds  the headlines of pending doom continually the markets will be irrational until the real issues on the ground show up.. then its too late.. we'll be in an even greater supply shock.. don't say you weren't warned..
Comment by Moemoney42 on Feb 01, 2023 10:28am
Case in point.. crude barely moving price wise today, but the sector selling off hard.. the only thing I can put my finger on as a reason is the fear mongering taking place today with the pending fed speak..! IMO
Comment by Moemoney42 on Feb 01, 2023 10:46am
LOL.. see what I mean.. smallcrapper shows up in minutes with meaningless EIA headlines of a small build in, lets face it, in one country..  pound that narrative smallcrapper, we all know you have an agenda here.. :-/
Comment by barneyj44 on Feb 01, 2023 11:44am
It's normal to have builds this time of year with refinery maintenance excetera....
Comment by tollycraft on Feb 01, 2023 12:02pm
Agreed barney.  Anyone who has been in this stock (and others WCP included) has seen these swings before, if its the first time someone has seen this, then they just got in,  ha,ha.  We have seen our small cap stuff drop .50 cents on many occcasions but then move back up, I will admit though, it takes longer to recover than it does to go down.  All has to take in consideration ...more  
Comment by SmokeyOB on Feb 01, 2023 10:48am
I'm not sure exactly what's going on today.  People must be worried about rate hikes. Kind of funny that BP is trying to get out on the green energy. Lol
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